Fed chairman talks of limits to his powers

US - Greenspan says stock market swings, home price fluctuations are making consumer behaviour less predictable.

Federal Reserve Board Chairman Alan Greenspan warned 31 August that huge swings in the stock market and big changes in home prices are making consumers more unpredictable in their behaviour, making it much harder for policymakers to influence the economy.

"There can be little doubt that sizable swings in the market values of business and household assets have created important

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